By Dominic Chopping

Aker Solutions said Friday it has agreed with Aker BP to extend a frame agreement for the provision of subsea production systems until Dec. 31, 2028.

The original agreement, signed in June 2016, was valid for eight years, it said.

The agreement may cover assistance to Aker BP for feasibility studies and concept developments, front-end engineering and design, subsea development projects and services, it said.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

June 02, 2023 03:39 ET (07:39 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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